Chinese Home Appliance Industry and Market, November 2016

2016-12-29
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Published : Dec-2016
No. of Pages : 14
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China’s MIIT (Ministry of Information Industry Technology) announced on December 9 that the proportion of home appliance products sold in China was 94.9% during January and October 2016, down 0.4% compared to the same period last year. This October the rate continued to drop to 93.2%, down 0.6% compared to October 2015. When it comes to shipment performance from January to October 2016, shipment volume of refrigerators totaled about 78.15 million units, up 2.3% year-on-year; air conditioners about 133.2 million units, up 2.1% year-on-year, while washing machines reached about 62.0 million units, up 4% year-on-year. Of total four major home appliances, TV had the highest shipment volume of about 139.8 million units, growing 8.6% year-on-year. In October alone, shipment volume of refrigerators reached about 7.43 million units, up 27% year-on-year; air conditioners about 11.6 million units, up 19.2% year-on-year; washing machines about 6.33 million units, up 3.4% year-on-year. As for export volume, China’s cumulative export value of main home appliances from January to October totaled about 308.78 billion RMB (USD44.4 billion; USD 1 = 6.96 RMB), up 6.2% year-on-year. In October alone, China’s main home appliances export value arrived at 28.4 billion RMB (USD 4.08 billion), up 3.2% year-on-year. This indicates the growth continued albeit at a slower rate.

List of Topics

  • This research focuses on the Chinese home appliance market and industry in four major categories: washing machine, refrigerator, air conditioner, and LCD TV
  • Sales volume of international and Chinese home appliance brands, including their market share ranking across these four categories
  • Detailed sales volume share rankings of international and Chinese home appliance branded models, touching on model number and average selling price
  • Export volume and value of China’s four major home appliances
  • The research is conducted based on primary data obtained through interviews and secondary information of shipments and sales disclosed publicly by Chinese government institutions such as National Bureau of Statistics and General Administration of Customs, international and Chinese branded vendors and channel distributors in China.

Companies covered

Aux, Bosch, Changhong, Chigo, Daikin, Electrolux, Galanz, Gree, Haier, HF-Sanyo, Hisense, Kelon, Konka, LeTV, LG Panda, Littleswan, MeiLing, Midea, Mitsubishi, New-fly, Panasonic, Ronshen, Samsung, Sanyo, Sharp, Siemens, Skyworth, Sony, TCL, Tongfang, XiaoYa, Xingxing, Xinle

Filed in: Consumer Electronics, Semiconductor & Electronics
Publisher : Market Intelligence & Consulting Institute, MIC
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